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Discontinued — last reported Q1 '26

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Other financials

Income statement

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Revenue$1.1B+5.8%
Gross profit$602.3M+1.0%
Operating income$114.5M-25.9%
Net income$106.3M-13.7%
EPS (diluted)$0.71-13.4%

Balance sheet

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Cash & equivalents$626.9M-43.0%
Total debt$1.8B+64.3%
Total equity$4.9B+7.1%
Total assets$11.6B+16.7%

Cash flow

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Operating cash flow$312.5M+24.4%
CapEx$101.7M-13.7%
Free cash flow$210.8M+58.0%

Valuation

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Market cap$18.16B+37.5%
Enterprise value$19.29B+47.2%
P/E41.7×+12.6×
P/S4.3×+1.0×

Profitability

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Gross margin58.3%-0.8pp
Operating margin12.3%-0.6pp
Net margin10.2%-1.1pp
FCF margin25.5%+0.5pp

Returns & leverage

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Return on equity9.2%-0.7pp
Debt / equity0.4×+0.1×
Current ratio2.1×+0.9×

Where this comes from

Calculated from Akamai Technologies’s reported figures.

The official record: Akamai Technologies’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Akamai Technologies's net debt?
Akamai Technologies (AKAM) reported net debt of $1.13B in Q1 2026.
How has Akamai Technologies's net debt changed year-over-year?
Akamai Technologies's net debt increased by 3974.2% year-over-year, from -$29.25M to $1.13B.
What is the long-term trend for Akamai Technologies's net debt?
Over 5 years (2020 to 2025), Akamai Technologies's net debt has grown at a 4.3% compound annual growth rate (CAGR), from $516.74M to $638.73M.
What does net debt mean?
Debt left over after using all the company's cash to pay it down.
How do you interpret net debt?
A negative value means net cash — more cash than debt, a position of strength. The numerator of net-debt/EBITDA, the most common leverage yardstick.
How does net debt compare across companies?
Most informative as net-debt/EBITDA; cash-rich balance sheets can show large total debt yet little or negative net debt.